The Western Union Company (NYSE:WU) insider Amintore Schenkel sold 11,550 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $24.00, for a total value of $277,200.00. Following the transaction, the insider now directly owns 95,028 shares in the company, valued at $2,280,672. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Amintore Schenkel also recently made the following trade(s):

  • On Friday, September 6th, Amintore Schenkel sold 13,361 shares of The Western Union stock. The stock was sold at an average price of $22.86, for a total value of $305,432.46.

WU stock traded down $0.40 during trading on Friday, reaching $23.36. 5,354,466 shares of the stock were exchanged, compared to its average volume of 5,656,868. The firm’s 50 day moving average is $21.68 and its 200 day moving average is $19.91. The Western Union Company has a twelve month low of $16.42 and a twelve month high of $24.09. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 101.99. The firm has a market cap of $9.84 billion, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 2.63 and a beta of 0.82.

The Western Union (NYSE:WU) last posted its quarterly earnings results on Thursday, August 1st. The credit services provider reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.03). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. The Western Union had a negative return on equity of 309.12% and a net margin of 22.11%. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. As a group, analysts predict that The Western Union Company will post 1.77 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date is Friday, September 13th. The Western Union’s dividend payout ratio is currently 41.67%.

Separately, TheStreet raised The Western Union from a “c+” rating to a “b” rating in a research note on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The stock has an average rating of “Hold” and an average price target of $19.67.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in The Western Union by 14.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 143,690 shares of the credit services provider’s stock worth $2,858,000 after purchasing an additional 18,347 shares in the last quarter. Hancock Whitney Corp increased its holdings in The Western Union by 11.2% during the 2nd quarter. Hancock Whitney Corp now owns 86,943 shares of the credit services provider’s stock worth $1,729,000 after purchasing an additional 8,739 shares in the last quarter. Mackenzie Financial Corp increased its holdings in The Western Union by 12.8% during the 2nd quarter. Mackenzie Financial Corp now owns 759,862 shares of the credit services provider’s stock worth $15,114,000 after purchasing an additional 86,168 shares in the last quarter. Natixis increased its holdings in The Western Union by 553.9% during the 2nd quarter. Natixis now owns 453,329 shares of the credit services provider’s stock worth $9,017,000 after purchasing an additional 384,004 shares in the last quarter. Finally, NewSquare Capital LLC increased its holdings in The Western Union by 10.7% during the 2nd quarter. NewSquare Capital LLC now owns 103,754 shares of the credit services provider’s stock worth $2,064,000 after purchasing an additional 10,070 shares in the last quarter.

About The Western Union

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.

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Insider Buying and Selling by Quarter for The Western Union (NYSE:WU)

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